Topic - Developments

Aura sells out 70% of North Kirra (QLD) village before construction commences

Nov 19 2019 Updated May 3, 2023

The Weekly Source

1 min read

Village veterans Tim Russell and Mark Taylor report 70% or 47 of the 68 apartments have sold in their The Pavilion vertical village at North Kirra, adjacent to the surf club and 900 metres to the Gold Coast airport.

Priced form $495K up to $1.28 million, it was designed by O’Neill Architects and will be built by Woollam Constructions.

Brookfield sells retirement village operator Aveo for $3.85B

Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...

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Ian Horswill

26 Jun 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

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Chris Baynes

26 Jun 2025

Aged Care

Australia’s top 25 residential aged care providers ranked: KPMG

KPMG’s eighth annual review of the Australian aged care market features the ranking of the top 25 residential aged care providers, with Opal HealthCare retaining its number one spot.

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Caroline Egan

26 Jun 2025

Sector Moves & People

Simon Owen appointed Managing Director of Eureka Group Holdings

Simon Owen, currently CEO of ASX-listed Eureka Group Holdings, will take on the additional role of Managing Director from 1 July 2025.

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Ian Horswill

24 Jun 2025

Construction starts on $428M GemLife Elimbah - its third land lease community in QLD’s Moreton Bay

Construction has started just two months after the land lease communities developer secured development approval for the 404-home gated estate. GemLife Elimbah has been fast-tracked ahead of its official market launch in the coming weeks, to meet...

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RSL LifeCare reveals reimagined vision for 86-year-old flagship village on Sydney’s Northern Beaches

Since its establishment in 1939, the ANZAC Village in Narrabeen – 23 kilometres northeast of Sydney’s CBD – has evolved through 30 individual developments, growing into a community that offers retirement living, residential aged care, home...

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Lincoln Place wins approval for 209-home community in VIC’s Gippsland Lakes

“This is an incredible site with north-easterly water views across King Lake and has been designed as an extension of the existing neighbourhood, albeit it with access to significant resort-style amenities,” said Paul Yeo, CEO of Lincoln Place

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Ian Horswill

27 Jun 2025